AMTD Corporate Action Analyst Contacted me
Found me b/c of my information i freely posted here and my contact/complaints to AMTD
Well apparently divine, or rather corporate intervention took place today asking for answers i received some.
At first i thought it might have been someone very resourceful and scandalous (just being honest if you're reading this!) - but i trace routed the number and it did originate from AMTD offices.
Like i mentioned in previous posts was pretty annoyed with little to no response from AMTD, esp specifics.
Meanwhile this is not an "OFFICIAL" response, but it is a response from someone in the company who matters, and in turn has ***DIRECT ACCESS*** to the person who makes the restricted buying decision for this stock. Translation - if the questions get answered and MT shows a press release clearing up these questions, all should be lifted. (apparently press release is AMTD's way of saying yup - they said this officially and we got it on paper - responses on the board will do nothing)
I just read Mwd351's post about MT's email - it seems to me Mt should be writing a press release/letter to AMTD instead of the shareholders, because then there wouldnt be a need to write a letter to the shareholders only.
SO! 4god - hope you can get this information to MT since you seem to have a direct connection/good repoire with him.
The QUESTIONS!
1. The wildlife refuge press release shows the refuge was acquired rather quickly, and it also doesnt say how much was paid or how it was acquired.
In addition, this leaves questions to legitimacy because of the short time frame (1-2 mo) - Titles/escrow/liscensing and other processes that normally take time.
2. Dividend is unclear, If this dividend is given as part of the refuge - its a wildlife REFUGE, what good is it to shareholders? can we build on? If built on, is it still a refuge?
And WHY would you acquire it in the first place?
3. November 6th press release announces that 2 billion shares restricted shares were sold for 4 cents a share in PDRs -
How is this possible if the value of the stock price has not touched that PPS?
Wheres the money coming from and wheres it going?
4. 2 billion shares intending to be removed from market (today's release)
If they just sold (restricted shares)2 billion shares at 4 cents, and removed another 2 billion shares in october (issued and outstanding), and reduces it another 2 billion shares (today), with an additional 1 billion shares in a buyback program...
Thats a minimum of 6 billion shares they are speaking of - potentially 7b.
If theres 7.6b shares outstanding - that should mean theres going to be or is somewhere between 3 and 1b shares left.
Its not adding up!
Basically said - lots of press releases with odd occurrences, little verifiablity and little clarity = AMTD restricting buying and "limiting their risk" and also mentioned that AMTD makes money on commission of their trades and has effectively cut their profit in half by only allowing sells.
Restriction will be most likely be lifted when these questions are clarified - barring that these are the only questions.
If there are more specific and educated questions that need to be asked (i could have screwed up in this somewhere retyping the conversation parts), Ask them and get a list of questions compiled for Mike to answer and get AMTD to let this run!
Disclaimer: I hold stock in Pypr! Its in my best interest this sucker makes me a lot of money too, i'd like to see whatever it takes to get this cleared up, and this whole occurrence happened almost randomly - except for the fact some AMTD employees scan this board (reason being given on this one is b/c of the popularity on this stock as number 1-2 most viewed/posted)
